| Asking Price |
$500,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
Not Disclosed | Real Estate |
$1,000,000** |
| Cash Flow |
Not Disclosed | Year Established | 2004 |
| FF&E |
N/A | Employees | 14 |
* included in the asking price
** not included in the asking price
"Gennaro's" Italian Family restaurant is located just outsde of the City of Easton. This fast growing area has helped Gennaros become popular very quickly. Serving lunch and dinner seven days a week this restaruant offers brick oven pizza, fine cooking and can seat 180 patrons. The Bar area is cozy and condusive to enjoyable wait periods at peak serving times. Due to family circumstances the owner is selling the business, liquor licenses and all real estate. This is a excellent opportunity we rarely come across.
Facilities: Rare opportunity to purchase a successful business with Liquor license and valuable real estate. Property is just under one acre and includes a 3,985 sf restaurant building with 68 marked parking spots along with a 2,744 sf residence for owner occupancy or to generate rental income projected at $1,500monthly. Restaurant business sale includes liquor license. Seating capacity is 180.
Competition: Restaurant is located in prime area with significant highway exposure. Easy Ingree / Egress for parking. Significant new housing develpment adjacent to the property. Minutes from City of Easton.
Growth/Expansion: Curent owner does not advertise and has VERY sucessfully grown the business to significant revenues. With promotion and advertising take-out and delivery business could be exploited.
Financing: Seller is open minded to offering financing in first position.
Support/Training: Available
Reason Selling: Retiring / Health

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